governance as leadership reframing the work of nonprofit boards by richard p chait pdf uuhw
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"Governance as Leadership: Reframing the Work of Nonprofit Boards" by Richard P. Chait explores a transformative approach to nonprofit governance. The authors argue that traditional governance often confines boards to a narrow oversight role, limiting their potential impact. Instead, they propose a three-part framework: fiduciary, strategic, and generative governance. Fiduciary governance focuses on accountability and compliance, ensuring legal and financial responsibilities are met. Strategic governance involves setting direction and making decisions that align with the organization's mission. However, the most innovative aspect is generative governance, which encourages boards to engage in creative problem-solving and dialogue about the organization’s purpose and future. This reframing aims to empower boards to be proactive and visionary rather than merely reactive, enhancing their effectiveness and relevance in an ever-changing environment. Ultimately, the book emphasizes the need for boards to balance these roles and fosters a collaborative relationship between board members and executive leaders, enabling nonprofits to navigate complex challenges and achieve their missions more successfully. This framework is a call to action for nonprofit leaders to rethink their roles and to cultivate a more engaged and dynamic governance culture.